Rackspace outage crashes share price; Silent teleport steals data from financial institutions; Open source Cryptonite “accidentally” destroys data. This Week in

Emma C. Chase

When one percent of revenue yields a 30 per cent drop in share value – could investors begin to question cloud for mission critical applications? On December 2, Rackspace experienced an outage for its Hosted Exchange environment. The company blamed a “security incident.” A status update issued by the company […]

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